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If there is no definite setup in the stock that you are going to enter and if you are going to follow the trend , you should at least consider the average pullback on 1minute or find the nearest pullback on 1m chart and put your stop on it. Stop loss is usually calculated depending on the...

My personal opinion is not setup makes you money but your correct thinking. Trader that is losing money,and have no definite exit price is just hoping that stock will return. When he is doing paper money he is afraid to lose them. All these is simple mankind psychology. l also always try to...